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Gulftainer sees double digit growth at Sharjah Port

Dubai: UAE-based port operator, Gulftainer, recently registered a 23.75% increase in traffic at its Sharjah facilities as compared to 2009, reporting that it handled 1.25m teu from January to May this year. The group expects to achieve a projected double-digit growth in container volumes for 2010 over the 2.75m teu handled in 2009, mainly at Khorfakkan - which contributes the lion's share of traffic at Gulftainer's Sharjah terminals. ?

"We expect volumes to cross 3m teu in 2010 on the strength of the high standard and quick services we provide. As the industry gradually moves out of the economic recession, shipping lines are looking for all possible ways to save money. Many lines still face difficult times with lower volumes and rates and cannot afford delays in container terminals. Fast turn-around times are essential for them right now," said Peter Richards, Managing Director of the Gulftainer Group.  [01/07/10]???

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